Order Backlog Alone Portends To Break Record Again In 2010
Yarmouth, ME: For the tenth consecutive year, particle imaging and analysis instrumentation manufacturer Fluid Imaging Technologies, Yarmouth, Maine (www.FluidImaging.com) has broken its record for sales of its FlowCAM® particle vision and analysis system, reporting a greater than 50% average annual sales growth since 2005 and a 15% growth rate in the recession year 2009 over 2008. The FlowCAM automatically takes high-resolution, digital images of individual particles and cells in a fluid, measures dozens of parameters in real time and saves the images and data for analysis, typically replacing manual microscopy methods. During the record-breaking 2009, the company earned orders from new customers GlaxoSmithKline, Wyeth Pharmaceuticals, Eli Lilly, Nestle, Heinz, Celanese, Abbott Molecular and other global giants as well as from the U.S. EPA, U.S. FDA and the U.S. Army and from several repeat customers. Posting a strong fourth quarter, Fluid Imaging entered 2010 armed with a hefty backlog of orders and its forecast projects a significant increase in sales for the year.
New product introductions that solve pressing issues such as controlling the expansion of invasive mussels, ensuring the safety of parenteral drug formulations and strengthening food safety and quality assurance procedures, along with a growing body of peer-reviewed research documenting the capabilities of the FlowCAM, contributed substantially to the sales activity, according to CEO Kent Peterson. "The FlowCAM has created opportunities for new scientific research studies and industrial quality assurance practices that would have been too time and labor-intensive and too costly to consider using pre-FlowCAM technology," says Peterson, who is a recipient of the 2008 Business Leader of the Year Award from Mainebiz. "Once people see the results from a FlowCAM and grasp how fast this new level of knowledge and vision is gained, they realize there’s no going back to traditional particle analyzers and microscopes."
For more information, contact Lew Brown, Fluid Imaging Technologies, Inc.; 65 Forest Falls Drive, Yarmouth, ME 04096; 207.846.6100.; Fax 207.846.6110; www.FluidImaging.com; firstname.lastname@example.org.